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$289,900 Just Listed

  • For Sale
  • Active
  • Apartment
  • 3 Beds
  • 2 Full Baths
  • 1,918 Sq. Ft.
  • Updated 2 days ago
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9.78% CAP RATE | 8.42 GRM. Secure immediate, high-yield cash flow with this fully stabilized, turnkey duplex designed for a great buy-and-hold investor. Featuring a 2BR/1BA and a 1BR/1BA unit, this asset is occupied by long-term tenants at current market rates, ensuring a seamless ownership transfer. Engineered for a low-CAPEX decade, the property has undergone a comprehensive renovation including a newly replaced roof, new windows, all-new appliances, new flooring, and professional interior/exterior paint. Operational efficiency is maximized via a management-light, all-electric configuration with fully separated meters, insulating the owner from utility overhead. Positioned in a high-density urban corridor, the asset includes the rare competitive advantage of dedicated on-site parking, driving long-term tenant retention and appreciation. This is a clinical, high-performance addition to any portfolio, offering superior yield with zero deferred maintenance! ¡Se Habla Español! Please do not disturb tenants!

Full Property Details for 240 E Hamilton St

General

  • Price: $289,900
  • Taxes: $3,034
  • Status: Active
  • Type: Apartment
  • Source: Lehigh_Valley
  • MLS ID: 775224
  • Updated: 4/17/2026
  • Added to Site: 2 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Total Spaces: 4
  • Parking Features: Off Street, Parking Pad

Location

  • Area: Allentown-East
  • County: Lehigh
  • Subdivision: Not in Development
  • Cross Streets: S Brook st
  • Driving Directions: Head US-22 E, take the Fullerton Ave Exit, Turn right onto Fullerton Ave, Turn left on Jordan Dr, Turn left onto E Hamilton st Bridge & continue for about a mile, Property will be on your right on the corner of E Hamilton st and S Brook st.

School Information

  • Elem School District: Allentown
  • Midd School District: Allentown
  • High School District: Allentown

Community

  • Home Owners Assn.: Lehigh Valley MLS

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Baseboard, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Stories/Levels: 3
  • Square Feet: 1,918
  • Living Area: 1,918 Sq. Ft.
  • Year Built: 1915

Lot Features

  • Lot Size (Acres): 0.044
  • Lot Size (Sq. Ft.): 1,934
  • Lot Size Source: Public Records
  • Zoning: B-3-Highway Business

Financial Considerations

  • Operating Expenses: $6,105
  • Tax Amount: $3,034.93

Disclosures and Reports

  • Property ID: 640772171251-001

Listed by Light House Realty LV LLC

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Listing agent

— 240 E Hamilton St —

  • Light House Realty LV LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 240 E Hamilton St

School District:Allentown City School District
NameGradesDistance
Mosser El School
129 South Dauphin Street, Allentown, PA 18109
PK-50.2 mi
Harrison-Morton Middle School
137 North 2nd Street, Allentown, PA 18101
6-80.6 mi
Louis E Dieruff High School
815 North Irving Street, Allentown, PA 18109
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 240 E Hamilton St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/17/2026
Listed
$289,900
93.27%
MLS
8/15/2025
Sold
$150,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 240 E Hamilton St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,035
1%
$93,200
—
2025
$3,013
—
$93,200
—
2024
$3,013
—
$93,200
—
2023
$3,013
-36%
$93,200
—
2022
$4,699
70%
$93,200
—
2019
$2,761
—
$93,200
—
2020
$2,774
2%
$93,200
—
2019
$2,728
7%
$93,200
—
2018
$2,549
3%
$93,200
—
2017
$2,484
—
$93,200
—
2016
$2,488
—
$93,200
—
2015
$2,490
-32%
$93,200
—
2014
$3,688
—
$93,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Light House Realty LV LLC

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240 E Hamilton Street, Allentown City, PA 18109 (MLS# 775224) is a Apartment property with 3 bedrooms and 2 full bathrooms. 240 E Hamilton Street is currently listed for $289,900 and was received on April 17, 2026. Want to learn more about 240 E Hamilton Street? Do you have questions about finding other Apartment real estate for sale in Allentown City? You can browse all Allentown City real estate or contact a Coldwell Banker agent to request more information.

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